Monday, April 25, 2011

More loans, less money

Our local bank, Dupont Community Credit Union, reported its first quarter numbers last week.
More loans are being made, but the total loan portfolio has slipped.
Good news for the economy? Or are more people paying down those loans - and planning to hoard that money.
It's hard to tell which see the economy is going. I still see lots of houses with for sale signs in front. Some have had the signs for a long time.

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